News and articles
Russian shopping centers on a roller coaster
According to the practice of the recent years, New Year’s Eve brought the the highest retail sales in Russia, because the Orthodox Christmas begins on January 7. According to the...
Read more
Prices in the EU and in the euro zone increased slightly
Inflation rose slightly in December in the euro zone and in the European Union – the EU's statistical office, the Eurostat announced on Tuesday. Compared to the previous year, consumer...
Read moreThe Hungarian companies issue invoice abroad more than the European average
In Hungary, significantly more invoices are issued to the companies' foreign partners than at the European average. In the last two years, this occured mostly in retail and wholesale trade,...
Read more
Ukraine imposed a ban on imports of Russian vodka and tobacco
The Ukrainian government banned seventy types of Russian products on Wednesday in Kiev – Arszenyij Jacenyuk prime minister announced. The disposal of Ukrainian Cabinet of Ministers to impose an embargo...
Read morePrologis Develops 8,000 Square Metre Build-to-Suit for Fiege in Hungary
Prologis, Inc., the global leader in industrial real estate, today announced that it has begun the development of an 8,000 square metre build-to-suit facility (DC2) at Prologis Park Hegyeshalom for...
Read more
The Széchenyi Capital Fund has invested 160 million into the Konsanszky fashion brand
The Széchenyi Capital Fund (SZTA) invested 160 million HUF into the Konsanszky Kft. to help in the International expansion of the Konsanszky Hungarian fashion brand – Csuhaj V. Imre, president...
Read more
Hajdú cottage cheese builds a brand
Dráva cottage cheese has been a consumer favourite in the Hungarian market for decades. Just a few weeks ago a culinary website’s independent test found that it is the best...
Read more
European Commission to implement ‘digital’ VAT reform
In the European Union the biggest challenge ahead of e-commerce businesses that deliver abroad is the different VAT systems of various countries. The European Commission (EC) started a dialogue with...
Read moreThe NAV has published the list of the pork products falling under the 5 percent VAT
The information on the list of the pork products falling under the 5 percent VAT has been released on the website of the National Tax and Customs Authority. The half-carcases,...
Read moreThe Nébih and the beekeepers together for the Hungarian honey
The beekeepers and the food safety authority will protect the quality Hungarian honey together in the future – the National Food Chain Safety Office (Nébih) told MTI on Tuesday. According...
Read moreThe local government of Gyula plans to build a huge swine processing plant
The local government of Gyula is working on the plans of a huge swine processing plant that would be capable to cut and process nearly one million pigs. Such a...
Read more
GINOP: more than 1,000 billion HUF for economic development
More than 1,000 billion HUF new source will be available for economic development and innovation, research and development in 2016 – the Ministry of National Economy (NGM) informed on Tuesday....
Read more
Unilever published its 2015 results
Unilever, the manufacturer of Dove soaps and Lipton teas published last year's figures. The turnover of the company increased by 10 percent, mainly thanks to the emerging markets and profitability...
Read more
Coke's new slogan: 'Taste the Feeling'
Coca-Cola is hoping a new ad slogan will help it overcome declining sales and increased health concerns about its signature product. Tuesday the company rolled out a new ad campaign,...
Read more
Record exports in 2015
Hungary has never exported as much as last year. According to the preliminary data, the trade surplus will reach 8 billion euros (2,500 billion HUF) – the Minister of State...
Read moreIMF: global economic growth accelerates slower than expected
The International Monetary Fund (IMF) once again cut its outlook for the world economy, warning Tuesday that economic turmoil in China and financial contagion throughout emerging markets threaten to curb...
Read more
Petőfi Sándor's face and verse on the Red Bull cans
The Red Bull cans will be available with unique graphics from the end of January. The graphics call the attention to the upcoming Red Bull Pilvaker that started as a...
Read more
The Hungarian National Trading House provided the participation of two Hungarian startup companies in Las Vegas
The Hungarian National Trading House (MNKH) provided the participation of two Hungarian startup companies for the first time at the innovative technologies exhibition in Las Vegas. Ducsai-Oláh Zsanett CEO of...
Read moreGerman and eurozone economic sentiment worsened at the beginning of the year
The German economic sentiment deteriorated less than expected in January, underlining optimism over the health of the euro zone's largest economy, industry data showed on Tuesday. In a report, the...
Read moreIkea boss said we accumulate too much furniture
Company’s head of sustainability says consumption of many familiar goods is at its limit. The appetite of western consumers for home furnishings has reached its peak – according to Ikea,...
Read more
A new dynasty in the Hungarian mineral water market
Szentkirályi Ásványvíz Kft. and Central Europe’s biggest mineral water bottling company, Karlovarské Minerální Vody (KMV) from the Czech Republic entered into a strategic partnership this spring. One of the co-owners...
Read more
Magazine: Trade marketing in the digital world
The physical and virtual worlds seem to be merging in the field of marketing too. On 5 November the members of Trade Marketing Club met to discuss the pros and...
Read more
Apples and pears from the EU can be transported to the U.S.
Apple and pear exports became available from European Union to the United States. Thus, the European producers may get a new sales opportunity after they lost a substantial part of...
Read more
The weight of agriculture need to be increased in bank lending
The agricultural sector can be the break out point of the banking world in the coming years, therefore, to increase the share of agricultural companies need to be increased in...
Read more
Agricultural Ministerial Forum in Berlin about the urban population’s supply
Fazekas Sándor, Minister of Agriculture told MTI that GM-free food should be give to people all over the world. How can you supply the world’s growing urban population with food...
Read more
Japanese-Hungarian agricultural negotiations at the Grüne Woche
The Hungarian Minister of Agriculture negotiated with his Japanese counterpart on a possible cooperation in the research of short-term bred rice varieties and sour cherry cultivars among other things in...
Read more
Nébih: Hungarian consumers are safe
The National Food Chain Safety Office (Nébih) will do everything possible to provide adequate quality Hungarian products to the consumers – Barátossy Gábor, the deputy director of Nébih’s wine and...
Read more
Farm from a Box
The Farm from a Box helps the Third World communities, or natural disaster hit villages to produce the most important products – agraszektor.hu wrote after blog.syngenta.hu. The Farm from a...
Read moreExcellent grape harvests predicted for Ópusztaszer
If the vineyards will not hit hard by the frost in the rest of the winter and in early spring, this year’s harvest is expected to be cheerful, and a...
Read more